In current history biofuels such as biodiesel and bioethanol have actually become industry around the world. Many nations have taken a keen interest in their continued manufacture and usage, including establishing countries such as Brazil which is viewed as a world leader in biofuel development. Even smaller countries such as the UK currently utilize around one and a half million litres of biofuel a year and aim to increase this three-fold within the next 10 years.

But wait, there's an issue.

There is nevertheless a considerable problem; with the boost in appeal of biofuels as has the level of criticism increased. From the "food versus fuel" argument, links to food price increases and impact of water resources to concerns over logging and loss of biodiversity there are installing obstacles for the fuel to get rid of.
But there is want to be discovered in a variety of technologies broadly described as 2nd generation biofuels. Such fuels are produced from sustainable feedstock rather than the typically editable crops used in very first generation biofuels (sugarcane, corn etc.) hence preventing much of the problems discussed formerly.

Expect the future

One such innovation is Algae Fuel, which can produce as much as three hundred times more oil per acre than standard crops in addition to growing twenty to thirty times faster. As if these advantages weren't substantial enough it is likewise possible to cultivate algae on generally unusable land such as land stricken by drought or including really high levels of saline.
Another hugely promising fuel is Cellulosic Ethanol which is just fuel produced from non-edible parts of plants (or indeed lawns and other plants that are inedible). This fuel source shares some advantages with Algae fuel such as high per-acre efficiency but has the unique advantage that no unique cultivation is required. Cellulose is contained in almost all plants growing across the world.

Or should that be wish for the present?

These may seem like science-fiction but the reality of the matter is that by 2008 the United States was currently producing twelve million litres of fuel from cellulosic ethanol with production centers capable for producing an additional eighty million gallons each year in development.
There is much to be excited about in the Biofuel market from both an organization and eco-friendly point of view and continued growth particularly in second generation innovations seems guaranteed. Such rapid grown represents an exciting time for alternative energy production.
To keep up with the latest advancements and market forecasts for alternative energy and biofuels it's suggested the reader postpone to professional biofuel market analysis.